mvnc ltd
mvnc ltd Company Information
Company Number
12312287
Website
-Registered Address
12312287 - ch default address, cardiff, CF14 8LH
Industry
Renting and leasing of construction and civil engineering machinery and equipment
Treatment and disposal of non-hazardous waste
Telephone
-
Next Accounts Due
August 2025
Group Structure
View All
Directors
Arshad Nabeel0 Years
Shareholders
arshad nabeel 100%
mvnc ltd Estimated Valuation
Pomanda estimates the enterprise value of MVNC LTD at £7.4m based on a Turnover of £10.1m and 0.73x industry multiple (adjusted for size and gross margin).
mvnc ltd Estimated Valuation
Pomanda estimates the enterprise value of MVNC LTD at £15.4m based on an EBITDA of £3.5m and a 4.45x industry multiple (adjusted for size and gross margin).
mvnc ltd Estimated Valuation
Pomanda estimates the enterprise value of MVNC LTD at £45.6m based on Net Assets of £18.4m and 2.47x industry multiple (adjusted for liquidity).
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Mvnc Ltd Overview
Mvnc Ltd is a live company located in cardiff, CF14 8LH with a Companies House number of 12312287. It operates in the treatment and disposal of non-hazardous waste sector, SIC Code 38210. Founded in November 2019, it's largest shareholder is arshad nabeel with a 100% stake. Mvnc Ltd is a young, mid sized company, Pomanda has estimated its turnover at £10.1m with rapid growth in recent years.
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Mvnc Ltd Health Check
Pomanda's financial health check has awarded Mvnc Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
2 Weak
Size
annual sales of £10.1m, make it in line with the average company (£11.9m)
£10.1m - Mvnc Ltd
£11.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 247%, show it is growing at a faster rate (7.5%)
- Mvnc Ltd
7.5% - Industry AVG
Production
with a gross margin of 29.2%, this company has a comparable cost of product (24.4%)
29.2% - Mvnc Ltd
24.4% - Industry AVG
Profitability
an operating margin of 34.1% make it more profitable than the average company (8.1%)
34.1% - Mvnc Ltd
8.1% - Industry AVG
Employees
with 48 employees, this is similar to the industry average (43)
48 - Mvnc Ltd
43 - Industry AVG
Pay Structure
on an average salary of £45.9k, the company has an equivalent pay structure (£45.9k)
- Mvnc Ltd
£45.9k - Industry AVG
Efficiency
resulting in sales per employee of £211.4k, this is less efficient (£263.5k)
£211.4k - Mvnc Ltd
£263.5k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is earlier than average (49 days)
30 days - Mvnc Ltd
49 days - Industry AVG
Creditor Days
its suppliers are paid after 160 days, this is slower than average (38 days)
160 days - Mvnc Ltd
38 days - Industry AVG
Stock Days
it holds stock equivalent to 526 days, this is more than average (8 days)
526 days - Mvnc Ltd
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 93 weeks, this is more cash available to meet short term requirements (17 weeks)
93 weeks - Mvnc Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.7%, this is a lower level of debt than the average (65.6%)
23.7% - Mvnc Ltd
65.6% - Industry AVG
MVNC LTD financials
Mvnc Ltd's latest turnover from November 2023 is £10.1 million and the company has net assets of £18.4 million. According to their latest financial statements, Mvnc Ltd has 48 employees and maintains cash reserves of £5.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | |
|---|---|---|---|---|
| Turnover | 10,146,294 | 7,545,641 | ||
| Other Income Or Grants | 0 | 0 | ||
| Cost Of Sales | 7,187,869 | 5,701,796 | ||
| Gross Profit | 2,958,425 | 1,843,845 | ||
| Admin Expenses | -500,000 | 0 | ||
| Operating Profit | 3,458,425 | 1,843,845 | ||
| Interest Payable | 0 | 0 | ||
| Interest Receivable | 0 | 0 | ||
| Pre-Tax Profit | 3,458,425 | 1,843,845 | ||
| Tax | -256,312 | -205,268 | ||
| Profit After Tax | 3,202,113 | 1,638,577 | ||
| Dividends Paid | 0 | 0 | ||
| Retained Profit | 3,202,113 | 1,638,577 | ||
| Employee Costs | ||||
| Number Of Employees | 48 | 154 | 215 | 1 |
| EBITDA* | 3,458,425 | 1,843,845 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | |
|---|---|---|---|---|
| Tangible Assets | 256,787 | 256,787 | 50,677 | 0 |
| Intangible Assets | 565,000 | 565,000 | 450,999 | 0 |
| Investments & Other | 5,500,000 | 5,500,000 | 4,000,001 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,321,787 | 6,321,787 | 4,501,677 | 0 |
| Stock & work in progress | 10,364,536 | 9,876,890 | 433,500 | 0 |
| Trade Debtors | 834,551 | 999,878 | 1,325,670 | 56,795 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 386,000 | 500,000 | 67,650 | 0 |
| Cash | 5,656,087 | 3,500,879 | 2,500,767 | 0 |
| misc current assets | 555,656 | 555,656 | 1,000,000 | 0 |
| total current assets | 17,796,830 | 15,433,303 | 5,327,587 | 56,795 |
| total assets | 24,118,617 | 21,755,090 | 9,829,264 | 56,795 |
| Bank overdraft | 0 | 0 | 3,000,005 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,161,423 | 3,500,009 | 0 | 2,257 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 3,161,423 | 3,500,009 | 3,000,005 | 2,257 |
| loans | 2,546,787 | 2,546,787 | 509,800 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 50,000 |
| provisions | 0 | 500,000 | 500,000 | 0 |
| total long term liabilities | 2,546,787 | 3,046,787 | 1,009,800 | 50,000 |
| total liabilities | 5,708,210 | 6,546,796 | 4,009,805 | 52,257 |
| net assets | 18,410,407 | 15,208,294 | 5,819,459 | 4,538 |
| total shareholders funds | 18,410,407 | 15,208,294 | 5,819,459 | 4,538 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 3,458,425 | 1,843,845 | ||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | -256,312 | -205,268 | ||
| Stock | 487,646 | 9,443,390 | 433,500 | 0 |
| Debtors | -279,327 | 106,558 | 1,336,525 | 56,795 |
| Creditors | -338,586 | 3,500,009 | -2,257 | 2,257 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -500,000 | 0 | 500,000 | 0 |
| Cash flow from operations | 2,155,208 | -4,411,362 | ||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 1,499,999 | 4,000,001 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 2,036,987 | 509,800 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -50,000 | 50,000 |
| share issue | ||||
| interest | 0 | 0 | ||
| cash flow from financing | 0 | 9,787,245 | ||
| cash and cash equivalents | ||||
| cash | 2,155,208 | 1,000,112 | 2,500,767 | 0 |
| overdraft | 0 | -3,000,005 | 3,000,005 | 0 |
| change in cash | 2,155,208 | 4,000,117 | -499,238 | 0 |
mvnc ltd Credit Report and Business Information
Mvnc Ltd Competitor Analysis
Perform a competitor analysis for mvnc ltd by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other mid companies, companies in CF14 area or any other competitors across 12 key performance metrics.
mvnc ltd Ownership
MVNC LTD group structure
Mvnc Ltd has no subsidiary companies.
Ultimate parent company
MVNC LTD
12312287
mvnc ltd directors
Mvnc Ltd currently has 1 director, Mr Arshad Nabeel serving since Jul 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Arshad Nabeel | 50 years | Jul 2024 | - | Director |
P&L
November 2023turnover
10.1m
+34%
operating profit
3.5m
+88%
gross margin
29.2%
+19.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
18.4m
+0.21%
total assets
24.1m
+0.11%
cash
5.7m
+0.62%
net assets
Total assets minus all liabilities
mvnc ltd company details
company number
12312287
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
77320 - Renting and leasing of construction and civil engineering machinery and equipment
38210 - Treatment and disposal of non-hazardous waste
incorporation date
November 2019
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
mnvmc ltd (January 2020)
accountant
-
auditor
-
address
12312287 - ch default address, cardiff, CF14 8LH
Bank
-
Legal Advisor
-
mvnc ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to mvnc ltd.
mvnc ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
